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Enron Mail |
The actual November payment may change from the $108,958 indicated below, but it should be close. The payment for December will be zero. -----Original Message----- From: Nemec, Gerald Sent: Monday, October 01, 2001 1:17 PM To: Sherman, Cris; Gruesen, Karen; Whitt, Mark; Harrison, Tyrell Subject: FW: Settlement FYI -----Original Message----- From: Baldridge, Don Sent: Monday, October 01, 2001 1:58 PM To: Daniel, Shonnie; Nemec, Gerald Subject: Settlement Adjusted purchase price s/b $209,159,347. Build up of this number is $204,000,000 purchase +$4,000,705 estimated true-up +$1,158,642 Friday final settlement Number does not include the estimated 109K due from Westport. The Payment schedule goes like this NBP owes $1,158,642 through the true-up ENA owes $1,937,200 throught the exec contract These amounts will be netted with ENA left paying a total of $778,558. On Oct. 1 ENA will pay $669,600. (this is the normal wire payment for executory contract --- $21,600 per day for 31 days) On Nov. 1 ENA will pay 108,958 which is the balance. These payment due not include any dollars owed due to the outstanding June and July Westport revenue payment estimated at $109,000. Its just a coincident. Also, we would like to add a short statement which indicates ENA continued agreement in providing backup documentation on some the expenditures NBP has agreed to pay. Thanks.
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